3, SOUTHLANDS AVENUE, LOUTH, LN11 8EW - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SOUTHLANDS AVENUE is a very small extended semi-detached house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £234,061. It was last sold for £180,000 in August 2019, which was around 21% above the average August 2019 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

3 SOUTHLANDS AVENUE Sold Prices

Land registry data shows four sales for 3 SOUTHLANDS AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 3 SOUTHLANDS AVENUE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 9 AUG	£180,000	£148,379	21% above HPI
2016 18 MAR	£157,500	£124,589	26% above HPI
2010 30 JUN	£145,000	£115,353	26% above HPI
2003 13 JUN	£96,000	£86,483	11% above HPI

3 SOUTHLANDS AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four 3 SOUTHLANDS AVENUE sales between June 2003 and August 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2016 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2019 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 3 SOUTHLANDS AVENUE be worth now?

3 SOUTHLANDS AVENUE might now be worth an estimated £234,061.

This is based on house price inflation of 30%, between August 2019 and February 2025, for semi-detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30% inflationary increase is applied to the most recent sale price for 3 SOUTHLANDS AVENUE of £180,000 on 9th August 2019. For the value to have increased from £180,000 to £234,061 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 3 SOUTHLANDS AVENUE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The August 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SOUTHLANDS AVENUE has not materially changed since August 2019.

How Large is 3 SOUTHLANDS AVENUE?

3 SOUTHLANDS AVENUE is 81m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of semi-detached houses houses in Louth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Louth, and where 3 SOUTHLANDS AVENUE lies on this distribution: 20% of semi-detached houses houses are smaller than 3 SOUTHLANDS AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Louth.

3 SOUTHLANDS AVENUE: Plot and Title Map

3 SOUTHLANDS AVENUE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 3 SOUTHLANDS AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 SOUTHLANDS AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 SOUTHLANDS AVENUE?

3 SOUTHLANDS AVENUE is located in LOUTH, in the LN11 postcode district. The below map shows the position of No. 3 on SOUTHLANDS AVENUE.